As I have been watching the Kabuki theater unfold in DC, I keep getting the creepy feeling that they are trying to raise the debt ceiling past the elections to ensure they have enough money to spread around to buy the votes they need for the elections.

Perhaps, I am too cynical but raising the debt ceiling has nothing to do with default and it feels like the TARP squeeze all over again with the money going to special interests, big banks and Unions for their "support".